Sub-division of equity shares of Karnavati Finance Ltd.

Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

As per a recent circular, 1 equity share of Karnavati Finance Ltd. (Scrip Code: 538928) will be subdivided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Karnavati Finance Ltd.KARNAVATI1:1024-Feb24-Feb
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